Why of course there will be an increase in property tax! After all, let no good crisis go to waste!

11:26 pm January 16, 2013

ag miller wrote:

Using a subjective evaluation basis savings tax such as property tax for local funding needs is a perennially flawed revenue model that neither the state nor federal governments would touch with a 10 foot pole. The only real long term solution for this funding is the income tax model used by the aforementioned. No government should base its expenditures on your savings but on your participation in the economy. Changing to this system would spur investment in real property improvement nationwide at a substantially greater level than today simultaneously benefiting employment, income and spending all resulting in greater income, sales and social security tax revenues.

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